Answer:
The monthly payment for the loan amount for 20 years is $806.167
Step-by-step explanation:
The principal loan amount= $ 50,000
The rate of interest = 7 %
the time period of loan = 20 years = 20 × 12 = 240 months
let the amount after 20 years = $ A
<u>From Compounded method</u>
Amount = Principal × 
or, A = 50,000 × 
or, A = 50,000 × 
Or, A = 50,000 × 3.8696
∴ Amount = $ 193,480
So, The amount after 20 years = $ 193,480
The monthly payment amount = $ 
= $ 806.167
Hence The monthly payment for the loan amount for 20 years is $806.167 Answer
The equation to show the depreciation at the end of x years is
Data;
- cost of machine = 1500
- annual depreciation value = x
<h3>Linear Equation</h3>
This is an equation written to represent a word problem into mathematical statement and this is easier to solve.
To write a linear depreciation model for this machine would be
For number of years, the cost of the machine would become
This is properly written as
where x represents the number of years.
For example, after 5 years, the value of the machine would become
The value of the machine would be $500 at the end of the fifth year.
From the above, the equation to show the depreciation at the end of x years is f(x) = 1500 - 200x
Learn more on linear equations here;
brainly.com/question/4074386
3x + 8
Because you do not know the number so it is x
The answer is y=3x-6. (B). First you subtract 6x from both sides. Then you get -2y=12-6x. Now, you divide both sides by -2. This gets you the final answer; y=3x-6 or y=-6+3x.
The answer should be 8 over 11x
